Summary
Overview
Work History
Education
Skills
Languages
Websites
Accomplishments
Certification
Timeline
Generic

Frank Achermann

Batavia,IL

Summary

Accomplished in transforming global purchasing strategies at Agco Corporation, I excel in vendor relationship management and cross-functional team leadership. Achieved over 3% annual savings and significantly reduced backorders, showcasing my negotiation prowess and ability to foster team collaboration. My approach is results-oriented, focusing on substantial cost reductions and efficiency improvements.

Overview

27
27
years of professional experience
1
1
Certification

Work History

Director Global Indirect Purchasing

Agco Corporation
Batavia, IL
04.2023 - 10.2024
  • Negotiated high-value contracts with vendors and partners to optimize resource allocation.
  • Realized twofold increase in savings within the first year.
  • Assessed employee performance against established benchmarks or targets.
  • Promoted a culture of innovation and encouraged staff to contribute ideas.
  • Established relationships with vendors and suppliers to secure favorable terms for materials or services.
  • Negotiated agreements with external partners such as contractors or consultants.
  • Managed annual budgeting process, including forecasting and financial planning.
  • Developed policies and procedures to ensure compliance with corporate standards.
  • Coordinated activities with other departments to expedite work and improve collaboration.
  • Demonstrated strong problem-solving skills, resolving issues efficiently and effectively.

Director Global Parts Purchasing

Agco Corporation
Batavia, IL
06.2011 - 03.2023
  • Achieve and exceed annual cost-saving targets of 2-3% of annual spend.
  • Reduced customer backorders from 5,000 to a few hundred lines.
  • Actively contributed ideas and solutions as part of the Global Parts leadership to support revenue growth and customer satisfaction.
  • Integrated regionally managed teams under one global management.
  • Reorganized and optimized the global team to support business needs, improve efficiency, and remove waste.
  • Strongly collaborate with production, planning, and operations to ensure the best customer service.
  • Develop, measure and constantly review SMART performance and development goals.

Manager Global Parts Purchasing

Agco Corporation
Neuhausen, Switzerland
12.2008 - 05.2011
  • Build up purchasing teams for the newly formed Global Parts Purchasing organization (hiring, replacements, process developments).
  • Represent Global Parts Purchasing at international and national meetings.
  • Take over of the Global Lead Function with teams in five countries.
  • Support the successful implementation of the new Global Parts Purchasing and Strategic Sourcing organization.
  • Develop, document, and implement four global procedures to improve standardization.
  • Exceeded all goals and objectives in 2010 by 102% – 194%.

- Cost savings: $5M, target of $4M.

- BCC sourcing +$3.58M, target $3.5M.

- Cost movement is 0.06%, target is less than 1%.

- Unsourced backorder lines 44, target < 200.

  • Implementation of measurement tools for cost savings, invoice discrepancies, and minimum order quantity reductions.
  • Support the transition from reactive to proactive purchasing, and therefore reduce unsourced customer backorders by more than 90%.
  • Support sales growth in target markets (Turkey and Africa) through delivery performance and cost improvements with an India-based corporate partner.

Manager EMEA Aftermarket Purchasing

Arvin Meritor
Duebendorf, Switzerland
11.2000 - 11.2008
  • Build up the Purchasing Organization from scratch for CVA Europe (Business Unit CVA Europe was created in October 2000).
  • Develop and implement all processes with successful certification of ISO 9001:2000 by the end of 2002 and recertification in 2005.
  • Annual savings on the controlled spend of 2% – 3%.
  • Reduction of non-value-added purchases from our intercompany production sites for a purchase value of €5 million annually by changing the purchasing strategies and mainly re-sourcing parts.
  • Set up and develop CVA-only suppliers to service aftermarket requirements instead of production needs.
  • Hire and maintain a skilled purchasing team (zero fluctuation in 7.5 years).
  • Member of the SOX steering committee, and review quarterly SOX testing activities.
  • Implement KPIs with the supplier base, and conduct monthly follow-ups to ensure continuous improvement.
  • Support business growth from €68 million turnover in 2001 to €107 million in 2007.
  • Find and develop new suppliers to launch nine new strategic product groups as range extensions in 2006 and 2007 (suppliers in China, India, Turkey, and the UK).

Deputy Purchasing Manager - EMEA Team Lead

IBM Switzerland
Zurich, Switzerland
07.1997 - 10.2000
  • Successful takeover of all purchasing activities for the IBM subsidiary, Lotus (project planning, takeover of supplier contracts, rollout of purchasing procedures, and integration of Lotus as a new division).
  • Due diligence and successful takeover of the IT center from Winterthur Insurance (project planning, takeover of supplier contracts, rollout, and training of purchasing procedures).
  • Achieve cost-saving targets of 7-9% of purchase volume annually.
  • Youngest representative at the World Wide Purchasing Management meeting in New York.
  • First IBM Team Leader EMAE who did not originate from one of the four big regions (D, UK, F, and I).
  • Implementation of EMEA strategies covering contracts for copiers and paper.

Education

BBA - Econmics - Marketing

Juventus Business School
Zurich, Switzerland
06-1998

MBA - Executive MBA

Lorange Institute of Business
Horgen Switzerland

Skills

  • Vendor relationship management
  • Negotiations
  • Team building
  • People management
  • Team collaboration
  • Business strategy
  • Employee development
  • Goal setting
  • Decision-making
  • Contract negotiation
  • International business
  • Coaching and mentoring
  • Cross-functional team leadership
  • Problem-solving
  • Program management
  • Contract and vendor management
  • Budget control
  • Relationship building
  • Change management
  • Regulatory compliance
  • Market analysis
  • Budget management
  • Legal and regulatory compliance
  • Issues resolution
  • Verbal and written communication
  • Process improvement
  • Training
  • d

Languages

English
Full Professional
German
Native/ Bilingual
Swiss German
Native/ Bilingual
French
Professional
Italian
Limited

Accomplishments

  • Above and beyond award, AGCO, 2021

Certification

  • Certified Teacher for commercial apprentice
  • Swiss Confederate diploma for Commercial Employees

Timeline

Director Global Indirect Purchasing

Agco Corporation
04.2023 - 10.2024

Director Global Parts Purchasing

Agco Corporation
06.2011 - 03.2023

Manager Global Parts Purchasing

Agco Corporation
12.2008 - 05.2011

Manager EMEA Aftermarket Purchasing

Arvin Meritor
11.2000 - 11.2008

Deputy Purchasing Manager - EMEA Team Lead

IBM Switzerland
07.1997 - 10.2000

BBA - Econmics - Marketing

Juventus Business School

MBA - Executive MBA

Lorange Institute of Business
Frank Achermann